History, asked by skpppol, 1 year ago

how did economic crisis began in USA write in points

Answers

Answered by ana19
3
A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis. An economy facing an economic crisis will most likely experience a falling GDP, a drying up of liquidity and rising/falling prices due to inflation/deflation. ... Also called real economic crisis.

skpppol: i asked how did it happed not explanation
Answered by priyadarshini50
3
economic crisis began in USA mainly because of the Great Deppression of 1929.. Aftereffects of this crisis was pathetic which caused unemployment,rise of poverty and others
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